Dáil debates

Tuesday, 9 March 2010

3:00 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)

In respect of the Ombudsman's report, the Taoiseach cannot possibly claim that by tabling a take note motion he was fulfilling the Ombudsman's desire for the Dáil to make a decision on it.

Today's Order Paper includes SI 88, the order for the introduction of the system of what is called long-term economic value for the €77 billion of assets that are proposed to be transferred to NAMA. This builds in the €7 billion overpayment for these assets over and above the market price. It is based on a very low risk factor in assessing the worth of the assets. Will the Taoiseach make time available in the House to discuss this? The decision in regard to the evaluation process is of immense importance to the State. I hope the Taoiseach will accede to my request for a debate on the matter.

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